European markets are expected to open lower on Thursday despite a slowdown in the spread of the coronavirus in China that's helped other markets to advance.
Asian counterparts,
where stocks advanced Thursday on hopes that the coronavirus outbreak could be slowing amid a decline in the number of new cases of the virus, and from extra stimulus measures from China. As of February 19, China's National Health Commission reported an additional 114 deaths from the virus, and 394 new confirmed cases. That brings the total deaths in the mainland to 2,118 and the confirmed cases to 74,576 cases. The number of new cases was drastically lower than the 1,749 reported the day before. It came a day after Beijing altered its previous diagnosis protocol.to mitigate the economic impact of the coronavirus outbreak.
Oil prices also rose nearly 1% on Thursday, extending gains from the previous session as concerns over possible supply disruptions and a decline in demand were allayed with the sharp drop in new coronavirus cases. In other news, a man suspected of fatally shooting nine people in the German city of Hanau was found dead at his home early Thursday, the Associated Press reported,
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